4 ms·

You get the pseudonymity and open/easy access there on the other hand.

• peteretep 6y ago
  > pseudonymity I worry that many people are confused by this, and don’t understand that this will continue to get eroded as time goes on for completed transactions.
  • shadowprofile77 6y ago
    Could you explain a bit more about what you mean by that? My interpretation is that even if you completed a bunch of BTC transactions in a way that allowed you to maintain anonymity, over time, new methodologies or technologies will allow future investigators to trace you as a real person through those old transactions. This? Or something else?
    • hnthrower 6y ago
      That's the just of it. Many of these public ledgers, like Bitcoin, form a massive transaction graph. Blockchain analytics tools and companies de-anonymize nodes in these graphs by matching real-world transactions to blockchain transactions.
      • jlgaddis 6y ago
        > just gist (in case you've ever wondered why gist.github.com is so named)
    • peteretep 6y ago
      Yes that’s what I meant — my interpretation is the same as yours
  • londons_explore 6y ago
    And if you use a mixer or complex wallet setup to try and hide your identity, you are highlighting yourself in the future when more advanced analysis methods start to get used.